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Technology Stocks : Roaring Internet Stocks

YHOO 52.58

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Jun 26 5:00 PM EST

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To: nikko who wrote ()	11/28/1998 6:15:00 PM
From: Teri Garner	of 1530

SPYG - SPYGLASS Anyone here follow SPYG? It's gone up 10.75 pts in the past 2 trading days on heavy volume. Now that NSCP is acquired, SPYG is the only TRUE internet device player. The device market is a multi-billion dollar market, so big that AOL/SUNW have decided to get into devices like set-top boxes, etc. 3 of the biggest set-top box makers: Motorola, Nokia, and General Instruments all have chosen SPYG's 'Device Mosiac' as the primary browser on these boxes. The buzz on the street is that Sun might form an alliance w/SPYG. SPYG has worked with Sun's Java language in the past and SPYG has the technology and expertise to help AOL get into the device market quicker with their time-to-market expertise. SPYG has NO debt and $30 mil in cash, their market cap is still ONLY at $440 million, quite cheap given that SPYG is a leader in the device market.

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